The Great Taking: You Really No Longer
Own Your Securities, and You Could Also
Lose Your Freedom
American Thinker,
by
Janet Levy
Original Article
Posted By: Magnante,
1/1/2024 7:52:42 AM
Under a veil of benevolence, the Great Reset engineered by the World Economic Forum (WEF), aims to shift wealth from individuals and small businesses to global organizations controlled by the elite. As part of this agenda, a revamping of the financial system has been underway for – believe it or not – over half a century, says David Rogers Webb in his recent book The Great Taking and its accompanying documentary.
Webb’s research and insights demonstrate that the WEF’s dubious catchphrase You’ll own nothing, and you’ll be happy already has risky implications for investments in securities, mutual funds, pension funds, and the like.
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Reply 1 - Posted by:
Strike3 1/1/2024 7:59:48 AM (No. 1627733)
Just a newly packaged version of an old system defined by an insane, bitter man named Karl Marx.
24 people like this.
Reply 2 - Posted by:
Bur Oak 1/1/2024 8:43:36 AM (No. 1627751)
I can remember Bill Clinton saying something similar. The people shouldn't have money, they don't know how to spend it.
19 people like this.
Reply 3 - Posted by:
heartlandmom 1/1/2024 9:21:30 AM (No. 1627767)
There goes our Happy New Year. Depressing.
11 people like this.
Reply 4 - Posted by:
Dodge Boy 1/1/2024 10:18:38 AM (No. 1627796)
Janet, you forgot to mention that our new "green" diet as mandated by the new world order will include things like, baked crickets, our favorite mosquito toppings, homemade locust burritos, stir-fried maggots, deep-fried tarantulas, grasshopper appetizers, and meal worm soup and while washing it down with whiskey made from black aphids. Yum yum, no?
8 people like this.
All of the Demoncrats and GOPeahens are convinced that they will be among the “chosen ones” to be blessed with our wealth when, in fact, they are all no more than Useful Idiocy Enablers. Kaiser Klaus, Yuval Noah Harari und Der Ausschuss vill be ze only wealthy…
12 people like this.
Reply 6 - Posted by:
DVC 1/1/2024 11:38:03 AM (No. 1627853)
I'm not sure how much of this I buy.
6 people like this.
Reply 7 - Posted by:
Gordon Mills 1/1/2024 11:43:08 AM (No. 1627858)
You do not own your estate either. If you believe you do just don't pay taxes and see who ends up with it.
12 people like this.
Reply 8 - Posted by:
davew 1/1/2024 1:33:54 PM (No. 1627926)
The concept of what constitutes "private property" has been debated since the creation of sovereign state government. It is a fact that the currency we exchange is a system that is controlled by the sovereign currency issuer. Dollars did not exist before the country was established. The founders created a federal bank with the superpower to create dollars from thin air. These were then used to buy things in the private sector which transferred them into the accounts of the private economy. The $25 trillion dollars in the US economy were all created by the Federal Reserve bank.
In a similar fashion, private companies either borrow dollars from banks or create stock certificates out of thin air to investors who pay for them in dollars they ultimately get from a bank. That's just how it works.
In the end, all the dollars come from the Federal Reserve.
So, who "owns" property?
Real property is owned through legal title documents. Stocks are owned through custodial contracts. Custodians like the DTC and similar financial institutions balance the digital books on who owns what and how much. This is analogous to the way block-chain transactions work except there are a lot more "middlemen" who get fees to keep things flowing.
The cardinal rule for custodians is that they are fiduciaries and can never mingle the custodian accounts with their own interests. For all purposes, the investor owns stock, gold, or other assets because they are the only ones who can legally buy or sell them with their dollars.
What they don't control is the perceived value of their property. The stock market determines this millisecond by millisecond. This is called market risk. If some people panic or get overly exuberant, values can fluctuate. Derivative markets give some people more leverage to move prices, but most markets are so large that this effect is absorbed quickly by people on the other side of the trade.
The bottom line is that world markets are so large and complex that any theory that a small cabal of evil geniuses could control them indefinitely is silly.
3 people like this.
Reply 9 - Posted by:
franq 1/1/2024 2:24:52 PM (No. 1627940)
All a prelude to the Mark of the Beast.
6 people like this.
Reply 10 - Posted by:
anniebc 1/1/2024 4:08:32 PM (No. 1627966)
I believe it.
0 people like this.
Reply 11 - Posted by:
JHHolliday 1/1/2024 8:05:46 PM (No. 1628033)
I agree with #6. Even the part that I could understand doesn’t seem credible. I think I will forward to my banker son to translate for me.
0 people like this.
Reply 12 - Posted by:
Catherine 1/1/2024 8:55:36 PM (No. 1628051)
If I were in the process of destroying a country so I could take it over, I'd use the media and their current politicians to do it. Then after I'd take it over, I'd destroy those who helped me because they willingly gave up their own country and citizens for money. They would likely do the same to me.
2 people like this.
Reply 13 - Posted by:
Trigger2 1/2/2024 1:03:05 AM (No. 1628131)
This will end well. Complete communistic control.
0 people like this.
Reply 14 - Posted by:
tootall 1/2/2024 9:27:56 AM (No. 1628273)
There is a link to a documentary which is about an hour long, but well worth the time IMO
The most chilling thought is ... and I am paraphrasing. 'Rich people think they are special.You are special ... they're saving you for desert!'
If you love your kids and grandchildren, get informed.
0 people like this.
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